Fannie Mae to sell 11,000 non-performing loans

Fannie Mae will sell 11,000 in non-performing loans, 700 of which are from its thirteenth Community Impact Pool, a small pool for marginalized or small investors.

Community Impact Pools are smaller loan pools that are geographically-focused and marketed toward non-profits, minority and women-owned businesses, and smaller investors. These Community Impact Pool loans are located in New Jersey, New York, Cook County Illinois, Baltimore and Miami.